Supply Chain Shaman

NOVEMBER 21, 2022

” As I dipped my spoon into some scrumptious chestnut soup at a great restaurant, my companion asked, “With the advancements in optimization and self-learning, aren’t we close to having self-driving supply chains?” Why are orders not shipped on time? I started with, “How can I help you?”

Supply Chain Planning Software 299

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 299

ToolsGroup

FEBRUARY 28, 2023

So we’re excited to be delivering significant enhancements to our solution and expanding our already formidable and innovative forecasting , inventory optimization , and replenishment capabilities that help our customers deliver on promises to their customers, while reducing inventory (and their carbon footprints) and boosting profitability.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. After the pandemic hit, flexible logistics models helped businesses to easily penetrate into dense urban markets at economical costs.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Supply Chain Shaman

SEPTEMBER 10, 2023

The software never expanded in scope to manage multi-tier inventories. The basic taxonomy of supply chain planning–the framework for a series of optimization engines– has not changed. Too few companies stop to answer the questions: Is the solution giving a good plan? Model Adaptability. The reason?

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively. That is changing.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Channel-specific processes. Delays in order fulfillment and delivery. Troublesome returns management. Increased risk.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

ToolsGroup

MARCH 7, 2023

To increase agility, supply chain teams need to be able to make informed decisions faster and optimize and respond at the speed of business,” says ToolsGroup CEO, Inna Kuznetsova. “We What-If Scenario Planning : The simulation and optimization of inventory and service levels trade-offs and their impact in different design scenarios.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. A company can plan for this variability in a variety of ways – sourcing from multiple vendors for a given part , or network design to create a network with more decoupling points (more paths for a product to flow to market), or purchasing just-in-case capacity. Very simple situation.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

RFgen

APRIL 12, 2024

On the other hand, optimized inventory levels can enhance it. Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization? Both of which are crucial components for an optimized supply chain. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Locus

AUGUST 2, 2022

Similarly, today’s emerging last-mile delivery fulfillment models seemed like a gamble for businesses when it started a decade back but are essential for a profitable business plan today. ” – Drivers of online purchases in the U.S. The answer depends on the last-mile delivery fulfillment model you adapt.

Modeling 52

Modeling Modeling Software Optimization Modeling Trends 52

ThroughPut

DECEMBER 8, 2023

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing recommended actions based on the insights gained from descriptive, diagnostic, and predictive analytics. How Prescriptive Analytics Has Been Driving Value In Supply Chain Optimization? What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

DELMIA Quintiq

AUGUST 7, 2023

Self-aware software driven systems: Having a smarter, more connected system supports autonomous equipment to improve production performance. Product as a service: Product as a service offers more effective business operations and a simpler financial model based on pay-per-use or pay-per-outcome.

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

Enterra Insights

NOVEMBER 23, 2021

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. More than 80 ships stretched to the distance — a new record. ”[1].

Supply Chain Design Software 130

Supply Chain Design Software Shipping Supply Chain Design Supply Chain Planning Software 130

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 52

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Pillars supporting the digital path to purchase.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Ideally, IBP adds a stronger financial perspective to the process that in theory optimally balances customer service with profitability and even cash flow.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

ToolsGroup

MAY 30, 2022

BOSTON (May 31, 2022) – ToolsGroup , a global leader in supply chain planning and optimization software, announced today that Joe (Yossi) Shamir will retire from his role as CEO. In her previous role, she was the CEO of 1010data, the leading provider of cross-enterprise data analytics tools.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Analytics Software Optimization Software 156

crisp

JANUARY 24, 2023

We’ve also made that data usable and actionable for hundreds of brands within the tools they use today — helping teams from sales to marketing to supply chain leverage real-time insights to run a smarter, more efficient business. We look forward to sharing more about our EDI-related solutions in the coming months.

Modeling Software 52

Modeling Software Optimization Software Demand Planning Software Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Insights

JUNE 1, 2017

The late 1960’s version of an intended application of futuristic artificial intelligence (AI) certainly played its role well, running the entire ship and providing immediate real-time intelligence about the surrounding environment. The truth is that we all know and accept that AI-driven optimization tools are coming fast.

Optimal Sourcing 110

Optimal Sourcing Modeling Optimization Software Optimization Modeling 110

Logistics Viewpoints

MAY 15, 2023

Blue Yonder is one of the world’s largest providers of supply chain software solutions. Lewis announced that Blue Yonder’s warehouse management system (WMS) – with the attached modules for labor management, automation, and order management – would become the preferred solution offered to customers in the Direct division.

Supply Chain Network Software 209

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 209

Supply Chain Shaman

SEPTEMBER 22, 2021

” The answer lies in the need to redefine work to improve the demand planner’s ability to model. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. The solution was too black box. Hence the solution couldn’t be much maintained.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Logistics Viewpoints

JANUARY 9, 2023

Supply chain practitioners are beginning to understand the same is true for supply chain planning (SCP) and multi-enterprise supply chain network solutions. Meanwhile, supply chain planning solutions support demand and supply planning. These solutions can have predicted times of arrival. MSCN and SCP are better together.

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Network Software 247

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. Inventory management in manufacturing can be influenced by the type of marketing strategy used.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Vanguard Software

MARCH 12, 2021

Inventory replenishment involves purchasing and moving inventory, both finished goods and raw materials, from reserve storage to primary storage and eventually to the selling location. Space Optimization : Availability of warehouse storage space affects how often inventory can be replenished. Inventory Optimization Software.

Modeling 52

Modeling Inventory Reduction Optimization Software Supply Chain Optimization 52

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Current supply chain systems either optimize volume or currency. Most installed optimization technologies are blind to the trade-offs. Increased Importance.

Supply Chain Planning Software 280

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 280

Enterra Insights

MAY 24, 2021

2] Two of the biggest changes in consumer behavior, brought on by the pandemic, have been an increase in online purchasing and an appreciation for touchless shopping, including options like curbside pickup. Adapting business models to align with current and future customers is not as easy as it sounds. Consumer delivery model.

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Enterra Insights

APRIL 13, 2023

”[3] The problem for retailers is that steep discounts cut deeply into profits — which makes price optimization and trade promotion strategies critical. Intelligent demand management software is the key technology enabler of lean retail merchandise management.” ” • Optimizing customer order fulfillment.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Inventory levels are dynamically adjusted based on real-time data and predictive models, reducing the risk of excess inventory or stockouts and optimizing storage costs. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

BlueYonder

JULY 26, 2022

In one committee, optimal replenishment based on overarching consumer data is now a recurring theme. Meanwhile a separate huddle is trying to tackle consumers’ speed and convenience demands through optimized fulfillment. How can retailers connect the two, so that inventory is optimally located for that final leg of the journey?

Modeling 62

Modeling Supply Chain Planning Software Optimization Software Optimization Modeling 62

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Yet, due to inadequate physical and digital infrastructure, many manufacturers lacked the flexibility they needed to take advantage of accelerated demand and were unable to optimize fulfillment. Manufacturers can use forecasting to support inventory optimization. Legacy systems:? Stay Agile, Get Ahead.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. Inventory reduction may also involve preventing excess inventory in the first place and adjusting procurement strategies to focus on SKUs that are more likely to sell.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52